Fundamental Analysis For Beginners | How to Research Stocks like CFA Charterholders (Analyst Course)

[@LarryCheungCFA]

🧠Why am I releasing a video on Fundamental Analysis during this intense period of market volatility? Because I believe this video will serve you far better in the long run than me talking about what the markets did this week. I care about all of you, and I will continue producing top-quality content to help you become better Analysts and navigate the market. Deepening your understanding with Analyst research processes will keep your skills sharp, so that you can take FULL advantage of the big opportunities coming up in the markets. Rely on processes and research to guide you, and NOT emotions and feelings. For anyone who wants to accelerate the path towards building life-long skills of being a stronger analyst to navigate the market in 2022 and beyond, I welcome you to join my inner circle: www.patreon.com/larrycheung Cheers, Larry.

[@elliotdeltoro3319]

Markets and crypto are falling, and you release a video on fundamental analysis. Love it. Corrections are normal and expected parts of market cycles and freaking out isn’t gonna help anyones portfolio. But this video on the other hand is just what investors need right now! Thanks so much Larry!

[@LarryCheungCFA]

That's because I wish to share knowledge that can actually help people survive these cycles. I care about my YT community. The more equipped we are, the more we can manage our emotions.

[@danieljamal3709]

When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech, and Health.

[@helenoliver4838]

The best strategy to use in trading stock is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.

[@dannyvera8475]

@@helenoliver4838 I have been thinking about how to grow my reserve by 100% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced to meet up my target

[@helenoliver4838]

@@dannyvera8475 My consultant is PRISCILLA DIANE AIVAZIAN I found her on a BBC interview where she was featured and reached out to her afterward. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care about supervision. I follow her trade pattern and haven’t regretted doing so

[@dannyvera8475]

@@helenoliver4838 thanks for the info. Found her website and it was really impressive

[@paulharold6721]

@@helenoliver4838 I just looked up this person out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.

[@1dol1van]

Holy moly my goal this weekend was to learn more for fundamental analysis… never clicked a notification quicker😅

[@chadrickbasedman987]

Larry, this is beautiful; I was scouring the internet specifically for this type of content, but to no avail. Thank you so much for what you do for I am studying, and will sit for the CFA level 1 exam in August. Your methods and videos are of incredible use. Keep doing what you do, it helps many people. Much love, Kevin.

[@ifazr1665]

Dude this is so comprehensive yet succinct. We appreciate you making content like this, truly inspirational

[@LarryCheungCFA]

Thanks so much!

[@physicsbey7736]

Hey Larry, my background is in Mathematics and I struggled to find a career path. Recently, I became interested in investing and its become a serious hobby. However, when I found your videos, it really showed me that there is a beautiful quantitative side to finance and economics. Due to this, I've decided to go and do my masters in applied Math with a Focus Mathematical Finance and Risk Management. Thank you for sharing how a *actual professional* blends quantitative and qualitative methods to gain insight. I truly appreciate your videos and look forward to the rest of your content !

[@LarryCheungCFA]

Fantastic - I'm glad to hear this!!

[@99alita]

Community of this channel is gradually growing. This place is a hidden gem. Thank you kindly, Larry!

[@Bogdanbmm]

Simply a great idea ! Value ! Most YT-era are just narrating company slides who were already narrated by management during the conf calls, no value ... cheers man, you rock, you differentiate yourself in a big way !

[@LarryCheungCFA]

Thanks so much Bogdan :)

[@Bogdanbmm]

Highly welcome Larry. At the end of the series I reco you do an example of a company where you build from scratch financial modelling and valuation with DCF and multiples to cover both atbsolute and relative valuation. That would be epic. I recommend doing a growth stock like $PLTR Palantir (tricky to model SBCs but interesting and possible for sure). I can help also as I know the company quite well by now (got in at the DPO, read the S1 etc). Cheers 🍻

[@lehtamohan3595]

This is exactly the kind of content I'm looking for! I'm going to return to this video next time I look through a company's valuation. Can't wait to see part 2

[@sweetbreezyday]

It’s so crazy, I was watching your video and somehow it triggered a memory for me of meeting another fellow CFA candidate in between exam sessions who thought I went to Harvard because of my sweatshirt. I think your brother was applying, but I actually went to Northeastern as well. I remembered his name was Larry, just looked up your LinkedIn and your Boston based too. Seems like you’ve definitely been doing well professionally since the exam!

[@choy0000]

Finally!!! Fundamental analysis. Thank you for this

[@duhhullo27]

Another banger in financial education playlist. I swear I learn more from KZbin then my target school degree.

[@LarryCheungCFA]

I'm so happy to hear this.

[@EpiCrimson]

What would be the best place for retail investors to check accurate PE and EBITDA multiplier for different companies? Is Google Finance good enough? For some companies I saw some great deviation across different websites and I don’t know which one is the best to base on.

[@leoliu7840]

Market cap is always bigger than profit so PE (share price to earnings per share) ratio is always a whole number like 20 or 80, not a fraction...

[@cyberneticinvesting]

really appreciate this content. Supperr timeless and educational like you mentioned.

[@Alexandre-xz6jm]

Hey is there a part 2, 3, 4 … to this video?

[@tillkolbel2500]

Great, thank you. I’ll repeat that lesson with pen and paper at hand.

[@getonwithit.2847]

Market took a damn beating like it was the red headed stepchild of a family

[@nicholasdean3467]

Being in a college investment fund that operates around a fundamental analysis as their thesis. I get yelled a so many times at the beginning for not using fundamental analysis. (Where I used other strategies) I had to rewrite so many reports...

[@sheilanfc]

great content, thankyou i am still learning in the Nusantara fx community class

[@Jameslindau8s]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@RobertMichaelm4r]

I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@EmmelineMathilda]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

[@BerthaHannahi7k]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@EmmelineMathilda]

I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

[@BerthaHannahi7k]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@BaguetteRiche]

Very insightful. However I didnt understand how the growth relative to GDP can be used to forecast revenue. I'll look into it myself.

[@Diogenes30]

Thanks, awesome content

[@justinrussell8946]

Great presentation skills

[@ecineko1]

Thank you. This is great. Looking forward to more of these videos that provide actionable ideas and tips. It would be great if you can take few examples in the end to walk through all the concepts to hone the skills

[@frankstephens5365]

Great video, Larry! Could you refer me to a good online training course to help me prepare for the CFA Exam?

[@victoriafranco7384]

Hey larry, so useful, thank you. One question: how the 20% discount on the PS multiple relates to the geographic/segment revenue analysis? for example i want to know why the investors would apply this discount, and what are the variables they use to get to this multiple. Also is the multiple, refers to the future revenues of the next 5 years discounted to the present? or is it the current revenues annualized? from the latest earning release?

[@Kello1231]

Love your videos. Feedback @Larry Cheung, CFA: Your thumbnails have too much text for the youtube algorithm to give you preference. Keep it up! Love the content.

[@LarryCheungCFA]

Thanks so much Marcel!!

[@leoliu7840]

Also with the PE ratio, isn't it the same thing if you divide, or compare, Market cap to profit because you just didn't 'section' those values by the outstanding shares, which is all the shares of a company stock?

[@kalebmesser7236]

Important skills to know right with how the market is doing and inflation. Keep up the quality content.

[@legendsmoments7930]

Thanks for the sharing Larry, may I know will there be a video for demonstrate how exactly we do forecasting in practical as an example?

[@mattsisson5694]

Dope video! Just got round glasses because of yours! lol

[@LarryCheungCFA]

very nice!!

[@hannahgreyhound1371]

MY portfolio has good companies, however was red all through last year. My first year of investing and have been down 35% in the March/April sell off, and now down 17% in the last sell off. I work hard for my money, so investing is making me a nervous sad reck. I don't know if I should sell everything and just sit and wait.

[@rolandanthony8112]

Building a good investment portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.

[@zakharrusnak6856]

I've been trying to hire a professional after all it's what really wealthy people do, they hire more experienced persons to do the job but l can't find anyone l can trust.

[@martingilbert7642]

Alexia Lewis. She is famous and a registered broker I will recommend her trading service for you. her strategies is amazing and is working perfectly well for me at the moment.

[@martingilbert7642]

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[@martingilbert7642]

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[@altayh1108]

Great video. I was wondering what source(s) you showed at around 5:15 when talking about rokus price to sales multiple

[@LarryCheungCFA]

I use YCharts as an example!

[@nyashashango293]

please can there be a student discount for joining the patreon channel

[@jimd1617]

thank you 🤝

[@123msbella]

Hi Larry, this video is highly informative and helpful. Can you please do a video on how to make sales growth assumptions and forecasting?

[@ahmad82pkn]

The problem is there are thousands of companies and checking all these stuff for each of them and comparing is full time or 2x full time job 😊😮

[@xmnemonic]

Patagonia vest so you KNOW this guy is legit

[@samuelthedesertpig]

Very very good. But in my opinion, all these fundamental/technical analysis are only good IF everyone (retail investors and institutions) are also looking at the same data. But definitely a great way to try and sound smart and attempt to make sense of this crazy market

[@Rookiwi]

Thank you

[@kylec.7474]

Currently on my level 3 haha :) still love your content

[@LarryCheungCFA]

I hope you crush Level 3 and get the Charter! Good luck Kyle! :)

[@mariewilson6268]

*I'm glad I came across this video, I ask politely ,does anyone know how I can go about growing $50k dollars I have? I am very open to all suggestions and recommendations. God bless*

[@lewisharris5136]

I will suggest you get an analyst who would help plan and channel the money on something positive which in a short term would bring in better returns. Its just a personal opinion.

[@mariewilson6268]

@@lewisharris5136 Thank you for your suggestions. Do you have anyone in mind ? I'm opened to any recommendation.

[@lewisharris5136]

@@mariewilson6268 I was able to build and currently in possession of a portfolio worth *$500k* all thanks to the help I got from *Rodney Hamilton Steve a RIA* . I know there are a whole lot of RIAs out there but I'm glad I chose to work with him ,Hence the good returns

[@mariewilson6268]

@@lewisharris5136 This is great!! I wish to work with such an experienced investment adviser. If you do not mind ,How can I connect with Rodney Hamilton Steve?

[@lewisharris5136]

@@mariewilson6268 You can make a quick research of him on *WEB* to see info on him and how to reach him, Just search *RODNEY HAMILTON STEVE*

[@VladBatrinu]

“ The Stock Market Just Suffered Its Worst Week Since 2020. “ can you please share your oppinion about this. Also crypto was destroyed

[@mentalstatement]

Hi Larry, can you make a video about stock valuation techniques

[@LarryCheungCFA]

That's definitely on my content calendar later this year.

[@philipgroot7660]

Nice quote

[@LarryCheungCFA]

Hey Philip - good to see you here!

[@MoAlmasrii]

Thank you for the useful and practical content as usual. I personally work as a professional investment analyst for a family office and benefit a lot from the content you put out, so appreciate all the effort you put in !

[@NathanielLabitag]

Ready to become a value investor! Appreciate this a lot. Thankies!

[@kenshinhimura5906]

Beautiful.

[@LarryCheungCFA]

Thanks Kenshin!

[@Moedermariia]

Great to see your videos Larry! Can you do an update on the education stocks $EDU $TAL and $GOTU Personally think those stocks are once in a lifetime opportunity!

[@davidsmile751]

I think this pandemic has taught people the importance of multiple streams of income, unfortunately having a job doesn't mean security rather having different investments is the real deal.

[@elizaorla6216]

The government don't care about us, that's why i always advice people to invest.

[@hollysophia2197]

@@elizaorla6216 You're right, but i will advice everybody who is into cryptos to Stick with ETH and BTC as much as you can. everyone sells when it starts to fall, which some points it will, the dream may be lost because it being too volatile for companies to get behind.

[@Leticiasouza90733]

Most people think.... Investing in crypto is all about buying coins and holding, till it rises, 🙅 come on it takes much analysis to be a successful crypto trader.I've made $16,000 in two weeks of trade

[@Leticiasouza90733]

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[@Leticiasouza90733]

@Nicholas Ordnacaoga He's availability is guaranteed on Whats..App

[@VladBatrinu]

bro the market is crashing, I was expecting to say something about this

[@LarryCheungCFA]

I can give you hope, but I'd rather give you a process to do better research where you don't need to rely on hope.

[@GSMBigfoot]

It’s not crashing…S&P is down 8%. Crash is 20% or more. 2008 65%, 1929 90% drop and the no growth seventies. Stay calm this is normal

[@olivernguyen9786]

@@GSMBigfoot if people put their money into meme stocks that belong to companies with no real revenues. They should be worried.

[@GSMBigfoot]

@@olivernguyen9786 I agree. Invest in companies with moats, consistent cash flow in good and bad economic times and that are currently undervalued. That’ll help weather the storm

[@vitalisogbeama33]

W ad haha

[@emilioverde7062]

Larry, thank you for your content and all your expertise. Macro-trends question: If QE began in '09 and 80% of US money in circulation was printed since January 2020, wouldn't the stock market's current ATH's be more or less in line with the all money that's been created? In other words, is the stock market really inflated (ie are P/E ratios really that high?) or has all the money that's been made just found it's way to elevate the stock market commensurately? Disclosure: I'm very wary of investing in most sectors at this point (exceptions: oil, energy) but I'm really wondering about the lasting impacts of all this new money in circulation.

[@LarryCheungCFA]

That is a very good observation, and that is why the market has held up so well up until this point. The combination of monetary tightening (via balance sheet off) and higher fed funds rates will start to slowly deflate the money supply growth. That said, I do not believe that the bull market is over. We will experience corrections (like we are now), but I'm quite confident that the S&P 500 has not peaked yet as long as the Fed does not make a serious policy error.

[@okiefreemen]

Easy just buy bgfv and gtec, no need to listen to experts, come back and thanks me, your welcome.